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Mulally, a longtime Boeing Company executive, was hired as CEO of Ford in 2006. He is widely credited with the company's turnaround. Using a well-timed loan, he helped keep Ford out of bankruptcy during the recession and revitalized the company with new products and technology. He also ended the corporate infighting that had long plagued Ford.

Mulally, 70, retired from Ford in 2014. He now serves on the board of Alphabet Inc., the parent company of Google.